ARTICLES LABELLED WITH TAG development

Local developer Biggeorge Property has unveiled plans for a new city centre development in Budapest’s Óbuda district. The 5 ha project would include 1400 apartments and 10,000 sqm of commercial space upon completion. Handover of the first phase with 257 apartments in three buildings is scheduled for 2010.

Atenor has signed an agreement, relating to the acquisition of more plots in the third district of Budapest, totalling an area of approximatively 5,000 sqm. This site is located 400 meters from Kolosy Square.

Panattoni Europe announced the development of Panattoni Park Opole. The project, with the scheduled area of nearly 48,600 sqm, will be developed within the city limits and will be dedicated to multiple tenants. The launch of construction is scheduled for Q2 2019.

International architectural firm BIG founded unveiled its plans for Towarowa 22, a 230,000 sqm mixed-use development in Warsaw’s Wola district at MIPIM. The owners of the project are EPP and Echo Investment

Hungarian developer Wing has announced the launch of the Gizella Loft, a new office project at Siemensʼ Gizella út site acquired last year. The 8,500 sqm is set to offer modern, human-focused offices for potential tenants from the end of 2019.

Globalworth has started the construction of its new office project, Globalworth Square. The project it located in the Barbu Văcărescu area, in Bucharest's busiest office hub, between Globalworth Plaza and Green Court, both owned by Globalworth.

Immofinanz is continuing the expansion of its Stop Shop retail park chain in Serbia with its tenth Stop Shop retail park, located in Sremska Mitrovica.

Prologis has begun construction of a build-to-suit project for CBA Slovakia on a 6-hectare site in Ziar nad Hronom in the Banska Bystrica Region of Slovakia.

Radisson Hotel Group announced the introduction of its Radisson Collection brand to the Polish capital of Warsaw. The premium lifestyle property will open in May 2019. Radisson Hospitality AB also announced the signing of the Radisson RED Warsaw. The upscale, lifestyle select-service brand will be introduced in 2023.

Panattoni Europe increases the supply of warehouse space in Lubuskie. The developer has bought land for new investments and announces the expansion of Panattoni Park Zielona Góra up to in excess of 130,000 sqm, planned in six buildings. At present, close to 75,000 sqm are under construction and over 50,000 sqm more will get under way before the end of Q1 2019.